CBUAE & IMF hold discussion to enhance global economic growth

CBUAE & IMF hold discussion to enhance global economic growth

Officials at bilateral meeting



The Central Bank of the United Arab Emirates (CBUAE) and the International Monetary Fund (IMF), have explored bilateral relations between the two parties.

His Excellency Khaled Mohamed Balama, Governor of CBUAE & Ms. Kristalina Georgieva, Managing Director of IMF, discussed efforts by the IMF and central banks towards enhancing the integrity of the financial system and supporting global economic growth.

The two parties examined ways to enhance cooperation and advance the strategic partnership between CBUAE and IMF, particularly in the field of sustainable financing at the upcoming 2023 UN Climate Change Conference (UNFCCC COP28) hosted by the UAE. The CBUAE’s ambitious agenda for green financing, aligned with the UAE’s strategy for sustainable economic growth and financial stability, was also a key topic of discussion.

Khaled Mohamed BalamaGovernor – CBUAE

“We welcome all efforts to strengthen our cooperation and relations with international financial institutions, particularly the International Monetary Fund (IMF). The UAE acknowledges the role these ties play in supporting our efforts to establish sustainable growth in various sectors and in enhancing the UAE’s position on the global stage and its contribution to providing effective solutions that ensure financial stability, drive global economic growth, and encourage sustainable development.”

Other topics discussed